BHL
BLACKHORSE FPO [BHL]
Basic Materials · ASX Small Cap
$0.1900 +5.6%
Updated 24 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- Stochastic just turned bullish from a low level — early reversal sign
- Drifting lower — down 5.0% over the last 5 days
- Strong cash runway (143 quarters)
- 4C filed 2026-04-22
- Pre-revenue with limited cash
- Near 52-week low (2% of range)
- Micro-cap ($5-20M) - high risk
- CANSLIM S: Tight float (39%)
- Sentiment is mixed — no strong consensus either way
- Pre-revenue company — Altman Z-Score not applicable
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- Piotroski F-Score weak (3/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 44% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.38%/day)
- Overseas neutral (-1pts, S&P500 neutral, VIX 20)
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Recent Catalysts
NONE Drilling Underway at Mt Egerton Gold Project
NONE Drill Rig Mobilised to Site & Sister Rose Adit Permit
Recent ASX Announcements
| 2026-07-01 | Drilling Underway at Mt Egerton Gold Project |
| 2026-06-18 | Drill Rig Mobilised to Site & Sister Rose Adit Permit |
Key Metrics
$12.0M
Market Cap
32K
Avg Volume
1.3x
Vol Ratio
$0.17 — $0.68
52-Week Range
N/A
Short Interest
20 qtrs
Cash Runway
N/A
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | insufficient_data | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | pass | Float: 39% |
| L | Leader vs Laggard | laggard | RS: -17 |
| I | Institutional Sponsorship | weak | Inst: 7% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
507 tickers in this sector
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